Definition
Non-conformance refers to any deviation, defect, or failure to meet specified requirements, standards, or expectations. Non-conformances may arise from product defects, process deviations, regulatory violations, or customer complaints and can result in quality issues, rework, scrap, or customer dissatisfaction. Non-conformance management involves identifying, documenting, investigating, and resolving non-conformances to prevent recurrence and improve overall quality performance.
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Private Limited Company (Ltd)
A Private Limited Company (Ltd) is a type of company where the ownership is divided into shares held by a small number of shareholders. The liability of shareholders is limited to the amount unpaid on their shares, and the company’s shares cannot be traded publicly on the stock exchange.
Limited Liability Partnership (LLP)
A Limited Liability Partnership (LLP) is a business structure where partners have limited personal liability for the debts and obligations of the partnership. Each partner’s liability is limited to their investment in the LLP, and they are protected from the actions of other partners.